SMM Price Outlook for Base Metals on SHFE (Jun. 26, 2017)

Published: Jun 26, 2017 09:14

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Base metals prices largely fell back from highs last Friday’s night trading, and prices are expected to remain divergent on Monday.

SHANGHAI, Jun. 26 (SMM) – Base metals prices largely fell back from highs last Friday’s night trading, and prices are expected to remain divergent on Monday.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 26-30, 2017)

Product	Price Range
Copper	46,000-46,600
Aluminum	13,780-13,920
Lead	17,100-17,350
Zinc	21,800-22,150
Tin	143,000-145,000
Nickel	74,600-75,700

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-26)

Note: Prices all above are for most-actively traded contract on the SHFE.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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